Regulatory Alerts2020-01-01
Securities (Amendment) Act 2020
Enacted by the President and National Assembly, this legislation amends the Securities Act (Cap. 208) to modernize securities market regulations. It replaces the definition of “recognised jurisdiction” with a requirement for ordinary membership in the International Organisation of Securities Commissions and repeals Schedule 2. The Act commences on a date appointed by the Minister of Finance via official Gazette notice.
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